ADY 4.17% 1.2¢ admiralty resources nl.

Have topped up myself today...Great news & for those with a keen...

  1. 858 Posts.
    Have topped up myself today...

    Great news & for those with a keen eye...

    Subject: re: financial review...
    Stock Code: ADY - ADMIRALTY RESOURCES NL.
    Posted: 27/09/07 21:00 Hotcopper Radio: ADY on BoardRoom Radio
    Posted By: Shasta_NZ Views: 381
    Post #: 2145429 (In Reply to msg #2143305 from roguetrader66) Sentiment: Buy
    IP: 121.73.xxx.xxx Voluntary Disclosure: Stock Held
    We are missing the obvious here, splitting ADY would provide the funding for the Lithium project.

    Of course ADY holders would get an inspecie distribution, & have an interest in the Lithium & Iron Ore assets still, whilst maximising shareholder value.

    When you think how many shares are on issue, further dillution or placements/debt funding arent in the shareholders interests.

    Would be a very highly sought after IPO!


    Disc: Currently holding the following ADY,GDM,LST,NZO,URA
 
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